BLACKPINK Contract Renewal Uncertainty Caused YG Entertainment Stock to Drop 16% This Week

BLACKPINK Contract Renewal Uncertainty Caused YG Entertainment Stock to Drop 16% This Week

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Shares of YG Entertainment plummeted 16.3% this week amidst speculation the agency has not renewed the contracts of the members of girl group BLACKPINK. Following a spate of reports out of South Korea, the company’s share price dropped 13.3% on Thursday (Sept. 21) and another 4.1% on Friday (Sept.…

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